Public School Academies

Offers a streamlined loan programs to finance short-term operational cash flow needs for public school academies. MFA facilitates the process by pooling the loans, soliciting bids and obtaining the highest possible short-term rating, resulting in competitive interest rates and typically lower costs for the schools.

Provides public school academies (PSAs) with effective, low-cost, facilities finance options to finance or refinance the acquisition, construction, improvement or alteration of land, facilities, equipment, machinery, parking, the payment of project costs, or to refinance existing debt.

Richard H. Austin Building, 1st Floor
430 W. Allegan
Lansing, MI 48922

Phone: 517-335-0994
Fax: 517-241-9509

www.michigan.gov/mfa
TreasMFA-PSA-StateAidNote@michigan.gov